To forma income statement The marketing department of Metroline Maracturing estimates that its sales in 2020 w 5150 million Interest expense is expected to remain unchanged at $35.000 aw the plans to pay 570.000 in cash dividends during 2020 Metroine Manufacturing's income statement for the year ended December 31 2019 is given along with breakdown of the cost of goods sold and operath penaste Boxed and variabile components a. Use the percent of col method to prepare a proforma Income Matement for the year anded December 31, 2020 b. Use foxed and variable cost data to develop a proforma income statement for the you ended December 31, 2020 c. Compare and contrast the watements developed in parts and b. Which statement probably provides the better estimate of 2020 income? Explain why Proforma income statement The marketing department of Metroline Manufacturing estimates that is sales in 2020 will be $150 million Interest expense is expected to remain unchanged at $35.000. are the firm plans to 570 000 in cash dividends during 2020 Matroine Manufacturing's income statement for the year ended December 31, 2019. is given along with a breakdown of the cost of goods sold and operating expenses into Bed and variate components a. Use the percent of sales method to prepare a proforma income statement for the year ended December 31, 2020 b. Use food and variable cost data to develop a proforma income statement for the year ended december 31 2020 c. Compare and contrast the statements developed in parts and b. Which statement probably provides the better estimate of 2020 income? Explain why To forma income statement The marketing department of Metroline Maracturing estimates that its sales in 2020 w 5150 million Interest expense is expected to remain unchanged at $35.000 aw the plans to pay 570.000 in cash dividends during 2020 Metroine Manufacturing's income statement for the year ended December 31 2019 is given along with breakdown of the cost of goods sold and operath penaste Boxed and variabile components a. Use the percent of col method to prepare a proforma Income Matement for the year anded December 31, 2020 b. Use foxed and variable cost data to develop a proforma income statement for the you ended December 31, 2020 c. Compare and contrast the watements developed in parts and b. Which statement probably provides the better estimate of 2020 income? Explain why Proforma income statement The marketing department of Metroline Manufacturing estimates that is sales in 2020 will be $150 million Interest expense is expected to remain unchanged at $35.000. are the firm plans to 570 000 in cash dividends during 2020 Matroine Manufacturing's income statement for the year ended December 31, 2019. is given along with a breakdown of the cost of goods sold and operating expenses into Bed and variate components a. Use the percent of sales method to prepare a proforma income statement for the year ended December 31, 2020 b. Use food and variable cost data to develop a proforma income statement for the year ended december 31 2020 c. Compare and contrast the statements developed in parts and b. Which statement probably provides the better estimate of 2020 income? Explain why